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Tag: "double-dip"

Consumer Confidence Index Declines Again – Second Recession Probable

NEW YORK, June 28, 2011 — The Conference Board Consumer Confidence Index continued its multi-month decline in June. After having decreased to 61.7 in May the economic index hit 58.5 this month indicating that consumers are feeling the onset of a second, or double-dip, recession. Director of The Conference Board Consumer Research Center Lynn Franco said, “This month’s […]